India: JSW Steel further raises rebar offer for Dec ’20

JSW Steel has increased rebar prices further by around INR 1,500/t ($20). The current offer for 12-32 mm rebar (550 D) is assessed around INR 54,500/t FoR Mumbai (GST extra), SteelMint learned from trade sources. JSW’s total output of long steel products stood at 2.35 mn t in Jan-Nov CY ’20.